All eyes on Nifty 50 to break 17722.75. If not we can see it kissing 16500
Heg trying to get out of bearish trend by breaking the trend line. It just was successful to close above trendline. Lets see if it sustains. It's a long way to go for this cyclical stock but if it comes into action then there is no stopping. Metals are the commodities which should be the next to rally when overall recovery of economy starts and I have a view that...
Godrej consumer product also consolidating. Buy for minor gains will less downside
Reliance will be range bound and consolidate before giving a breakout.
IS all bad over for LIC. Trendline suggests so. Whats your view
The chart shows that HEG is not able to come out of downtrend. Unless it breaks the trendline it is not a buy at these levels. Buy below the mid line in the channel or after you see recovery post it goes down the mid lien
Expect a log rally in Reliance as it has broken the trend line.
Nifty today took support at the trendline and we could see it not going below. Hoping that it also breaks the downtrend.
NIFTY trend going as per analysis. Low made had not broke the old levels so we can expect a upward move now
Hope that Nifty 50 moves in the channel. I have shared the weekly trend of Nifty 50 from March 20.
Retest seen in Reliance Industries. We can see new highs now.
Reliance has given a breakout at 2458. We should wait for confirmation tomorrow for it to open above 2458. Then the target will be around 2900
Will it break the trendline or follow the channel. I think with the kind of volume it should break.
Chambal has given a breakout above 314 and also a trendline breakout. A good buy after a confirmation tomorrow for a target above 400.
In bearish mode but trend line support not broken so recovery could be expected